SFS Cavalcade North America 2019

Carnegie Mellon University

Pittsburgh, Pennsylvania
May 20-23, 2019




Hosted by the Tepper School of Business at Carnegie Mellon University

The SFS Cavalcade is a 2.5-3.0 day conference covering all areas of finance. The format is 55 minutes per paper with eight-to-eleven parallel sessions. Our goal is to provide a setting that produces the kind of in-depth participation of a smaller conference while accommodating the variety of papers of a larger one. The host school’s faculty and Ph.D. students receive complimentary registration to the conference and all events. The SFS Finance Cavalcade conference is a joint project of the Review of Financial Studies, the Review of Corporate Finance Studies, and the Review of Asset Pricing Studies.

Cavalcade Keynote Speaker

Monika Piazzesi (Stanford University)

RAPS Keynote Speaker

Maureen O’Hara (Cornell University)

RCFS Keynote Speaker

Antoinette Schoar (Massachusetts Institute of Technology)


Cavalcade North America 2019 Registrants

Online registration is closed. You may register on-site.

Early registration was $100 for members and $140 for nonmembers. Beginning April 8, the registration rate increased to $125 for members and $165 for nonmembers. The registration fee is waived for doctoral students (from any university) and Carnegie Mellon faculty members. Please note that fees are nonrefundable.

Note: You do not need to create a PayPal account to pay the registration fee. When you get to the PayPal page, simply scroll down to “Pay with Credit Card.” You may also pay with Stripe.


The program is available here. To view a paper, click the hyperlinked session title, which will bring you to a new page with a downloadable PDF.

Program App

The conference program is available for your phone via Conference4me. To download the mobile app, search “conference4me” in iTunes, Google Play, or the Windows Phone Store, or visit http://conference4me.eu/download.

Updating Your Accepted Paper on the Program

If you would like to upload an updated version of your accepted paper or update your paper title, log in to ConfTool, click on your submissions, and use the Final Upload link on the right. We recommend letting your discussant know if you make any changes. Please note that title changes may not be reflected on the printed program.

Creating Your Agenda

You can create an agenda for yourself by logging in to ConfTool. Go to Browse Conference Agenda, then use the + symbols to add sessions to your agenda, which you can access my clicking My Agenda in the red header.


The submission period has ended. The deadline was December 7, 2018. The submission fee was $50. For papers in which ALL co-authors were doctoral students, the submission fee was waived. The submitted paper must not have been accepted (or conditionally accepted) at a journal. You may submit papers that have been presented (or are scheduled to be presented) at the WFA, AFA, or Cavalcade Asia-Pacific. Authors of accepted papers must be able to attend their session regardless of which day the session is scheduled; if an author cannot make it to the scheduled time, the conference reserves the right to pull the paper.


Decisions were sent February 19. If you selected dual submission, a separate email from RCFS or RAPS was sent. The Cavalcade received 1221 submissions, which was a 6.9% increase over the number of submissions last year. The acceptance rate was 11.1%, compared to 11.8% last year.

Conference Dual Submission Option

You had the option to elect dual submission to either The Review of Corporate Finance Studies or The Review of Asset Pricing Studies. If the journal you selected decides not to send your paper out for review, the editor may refer your paper to the other journal, if appropriate, or to The Review of Financial Studies, for possible review. Thus, by selecting the dual submission option, you have implicitly agreed to be reviewed by any of the three SFS journals. Please see our Dual Submission Policy.

Conference Chairs

Chair: Antoinette Schoar (Massachusetts Institute of Technology)
Vice Chair: Monika Piazzesi (Stanford University)
Associate Chair: Ulrike Malmendier (UC Berkeley)
SFS Advisory Chair: Josef Zechner (Vienna University of Economics and Business)

Host’s Faculty Sponsors: Burton Hollifield, Lars A. Kuehn, and Chester Spatt
Event Organization by Jaclyn Einstein (SFS), Rosanne Christy (Carnegie Mellon)

Program Committee

For questions, contact cavalcadenorthamerica@sfs.org.


For all reservations, you may call and mention “CMU SFS Cavalcade North America” or you may use the links provided to book online.

Hyatt House Pittsburgh Bloomfield/Shadyside, $159/$134
5335 Baum Boulevard, 412-621-9900
Book by February 28

Wyndham Pittsburgh University Center, $149
100 Lytton Avenue, 412-682-6200
Book by April 19
Group Code: 05196841CP

Hilton Garden Inn Pgh University Place, $134
3454 Forbes Avenue, 412-683-2040
Book by April 3

Courtyard by Marriott Shadyside/Oakland, $129
5308 Liberty Avenue, 412-683-3113
Book by April 19

Hotel Indigo Pittsburgh East Liberty, $125
123 North Highland Avenue, 412-665-0666
Book by April 19

Residence Inn Pittsburgh – Oakland, $119
3896 Bigelow Boulevard, 412-621-2200
Book by April 19

SpringHill Suites by Marriott, $149
134 Bakery Square Drive, 412-362-8600
Book by April 19

Hotel Indigo South Side, $149
329 Technology Drive, 412-621-0880
Book by April 23
Group Code: SFS

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